ECB's Lagarde: PEPP Buying 'Significantly Faster' in Next Quarter

The transcript discusses the impact of rising interest rates on financing conditions and the economy. It highlights the Governing Council's decision to continue net asset purchases under the pandemic Emergency Purchase Program (PEP) to maintain favorable financing conditions. The Council plans to increase the pace of purchases and emphasizes flexibility in execution to counteract the pandemic's negative effects on inflation. The goal is to support economic activity and ensure price stability.

What factors are considered in the joint assessment of financing conditions and the inflation outlook?

What measures can be taken if the envelope for asset purchases needs to be recalibrated?